The Net Zero Economy Authority engaged Oxford Economics Australia (OEA) to understand potential opportunities and transition pathways over the next 25 years in 3 of our priority regions; Central Queensland, the Hunter and the Latrobe Valley and broader Gippsland area.
The research explored potential opportunities to leverage the industrial capabilities of the regions to drive further economic growth and job creation, and potential career transition options for fossil-fuel workers. The analysis was undertaken using publicly available data at a point in time.
This independent analysis is one of many inputs to building our understanding of likely transition dynamics in priority regions. It exists alongside ongoing engagement with regional stakeholders, other commissioned and internal analyses and consultation across Australian, state and local governments.
Summary
The analysis shows that the region is well placed to leverage its resource base, energy infrastructure, agricultural sector and proximity to Melbourne to generate jobs aligned with its skilled industrial workforce.
The region has the potential to be:
- Victoria’s engineering and servicing hub for renewable energy developments such as offshore wind, leveraging its industrial base and workforce
- a food and fibre manufacturing hub, leveraging its proximity to Gippsland’s agricultural base
- a freight hub, capturing food and fibre logistics, intermodal freight, and low carbon transport opportunities.
Explore the reports to learn more about the potential opportunities and transition pathways in the Latrobe Valley and broader Gippsland area.